An Investment in Paradise – Homes for Sale in Cabo San Lucas, Mexico
Los Cabos real estate is a hot commodity right now, and why not? We’re talking about a place that draws millions of tourists each year, and has for decades been the getaway destination of choice for Hollywood movie stars and other celebrity figures. It’s sunny and warm year-round, there are 100 miles or more of glorious palm framed beaches, and cape cities Cabo San Lucas and San José del Cabo offer enough healthy outdoor activities and upscale lifestyle amenities to satisfy any taste. That’s why people visit, of course, but when it comes to making a larger leap and contemplating homes for sale in Cabo San Lucas, Mexico, there are also more practical considerations.
Can Paradise Be a Good Investment? The Answer is A Resounding Yes
Real estate has always been a safe investment, because despite any short term market fluctuations, it inevitably appreciates in value over the long term. Why? Because nobody is making any more of it. It’s a finite resource.
That said, not all real estate appreciates in value equally. People aren’t lining up to buy swampland or cabins in the frozen north, for instance. But when it comes to ocean view or beachfront property, well…that’s another story. There, the demand always exceeds the available supply. It’s basic economics, and the reason why homes for sale in Cabo San Lucas, Mexico have investment value well beyond their list price.
The difference between Los Cabos and other “paradises” in places like the Caribbean and South Pacific is that Los Cabos is much more proximate to the U.S. and Canada. Well, that’s one difference. Here’s the really good part. List prices for ocean view and beachfront properties in Los Cabos are significantly lower, on average, than those of similar vantage in the U.S. and Canada. And that doesn’t even take into account the extremely favorable rate of exchange which currently exists, or the fact that Los Cabos also has significantly lower property tax rates and a lower cost of living than the U.S and Canada.
Put that all together, and now you have the real reason Los Cabos real estate has never been hotter: “Homes for sale in Cabo San Lucas, Mexico” have never offered better value as investments than they do right now.
Who doesn’t like the equation of gorgeous weather plus beautiful beaches plus dream home plus great return on investment? The answer is obvious, which is why more and more people are considering relocating to Cabo on a seasonal or full-time basis, or simply buying homes in the area and renting them out to maximize both short and long term ROI.
Ready to Consider Homes for Sale in Cabo San Lucas, Mexico? Here’s How to Get Started
You may have noticed a few paragraphs back when we said the demand for ocean view and beachfront real estate always exceeds the supply. Well, we should have said almost always, because for the past five years Los Cabos, and Cabo San Lucas in particular, have been in the midst of an unprecedented building and development boom.
What that means is more spectacular Cabo San Lucas, Mexico homes for sale are hitting the market right now than during any time in the area’s history. On the Pacific Coast of Cabo San Lucas alone, right now, there are three incredible developments taking shape, each with ocean view and beachfront properties galore: each with their own world-class golf courses from legendary names like Jack Nicklaus, Greg Norman and Tiger Woods; and each with exclusive beach clubs and bespoke services and amenities.
That means beach homes, ranch homes, condos, luxury villas, penthouses, family-friendly homes and a host of other scenically situated residence types.
It’s an exciting opportunity, but to fully take advantage of it prospective buyers need to find the right local ally.
In Los Cabos, that means Windermere.
Windermere is one of the most respected names in North American real estate, with over 300 offices and 6,000 agents in the Western U.S. and Mexico. Our company has deep roots in Los Cabos, with experienced agents who have an exhaustive knowledge of available local listings and the intricacies and legal requirements of buying and selling property in Mexico.
The Other Side of the Coin – Selling Homes in Cabo San Lucas
There may come a time when you want to cash out your investment in paradise, if only to sell one beautiful beachfront property so you can buy another.
If and when that time comes, listing your home with Windermere is as smart a choice as choosing the company to represent you when you’re in the market to buy homes for sale in Cabo San Lucas, Mexico. Not only do we offer international exposure through our partnership with Leading Real Estate Companies of the World, we have a powerful network of agents who specialize in luxury real estate, an industry-leading website, and targeted advertising vehicles that reach a substantial number of eligible buyers. Call us today from USA/Canada at 011 52 (624) 228-3509 for more information.
Homes Unlike Any Other – An Introduction to Cabo Luxury Real Estate
(Photo Credit: Cabo Adventures)
Los Cabos as a vacation getaway has undergone a surprising transformation over the years, from its early renown as a rustic beachfront fishing mecca to a recent metamorphosis into a world-class luxury destination, complete with five-star resorts, celebrated restaurants and championship level golf courses. In terms of real estate, however, Los Cabos has always been about luxury, its property market premised on stylishly designed and elegantly appointed homes featuring panoramic coastal vantages and extraordinary ocean views. All the lifestyle attractions that draw an estimated two million visitors to the area annually are enjoyed by seasonal and permanent residents, but there are also added values that make the Cabo luxury real estate market truly special and one-of-a-kind. We’ll outline a few of these values below…
Why Cabo Luxury Real Estate is Unlike Any Other
The first law of real estate–Location! Location! Location–applies everywhere, but there’s no question it takes on added dimensions in an area like Los Cabos. How many places, after all, have desert, mountains, boundless beaches, and even more boundless ocean in such close proximity to one another? How many places offer well over 100 miles of glorious coastline, oriented towards not one major body of water, but two?
The Pacific Ocean and Sea of Cortés meet just beyond the spectacular Land’s End headland in Cabo San Lucas, creating an upwelling effect that is in large part responsible for Los Cabos’ thriving marine ecosystem and legendary big-game sportfishing. The snorkeling and diving are likewise amazing, from the national marine park off Cabo Pulmo–home to one of the hemisphere’s oldest and largest living coral reefs–to The Point and Pelican Rock at Land’s End. But the truth is that one needn’t dive below the surface to experience the region’s aquatic wonders.
Marlin and sailfish leap from the sea regularly here, and not just when they’re hooked by a lucky fisherman. So, too, do dolphins, mobula rays, and even 40-ton humpback whales. Some five to ten thousand whales transit the coast of Los Cabos each winter on their way to breeding grounds around Baja California Sur, providing the sort of moments that one can’t prepare for…but simply marvel at. Imagine, for instance, watching humpbacks breach from the infinity pool deck of your beachfront home, or spying a pod of gray whales from your kitchen window of your clifftop luxury villa.
(Photo Credit: Cabo Adventures)
All of which is to say that location in Los Cabos means more than almost anywhere else on the planet. This is a magical place, and its unique features add incredible value to Cabo luxury real estate.
Why the Cabo Luxury Lifestyle is Unlike Any Other
(Photo Credit: Diamante)
What do Jack Nicklaus, Tiger Woods, Fred Couples, Greg Norman, Davis Love III and Tom Weiskopf have in common? They’ve all won major championships in golf, and they’ve all designed gorgeous seaside golf courses in Los Cabos.
It didn’t take long for Los Cabos to become one of the world’s most exciting golfing destinations. Indeed, in less than 30 years, no less than 16 challenging and picturesque layouts have opened, and a half dozen more are expected to open soon.
This fact is relevant not only for visitors, but for those considering local real estate. Some of the best new coastal luxury communities–Diamante, Quivira and Rancho San Lucas, to name but a few–promise not only exquisitely designed and appointed ocean view homes, but memberships or privileges at community based courses. Diamante, for instance, boasts two courses designed by Tiger Woods, with another in the pipeline…and those aren’t even the most sought after tee times. The star at Diamante is Davis Love III’s magnificent Dunes Course, which is currently ranked as the best course in México, and has been judged the 36th best in the world by GOLF Magazine.
Golf is among the most high-profile benefits of buying “Cabo luxury real estate”, but trust us: there are many others. The area also offers lures like world-class fishing, surfing, windsurfing, kayaking, hiking, mountain biking and stand up paddle boarding; plus pampering spas, acclaimed restaurants and celebrity chefs, and boutique shops and malls featuring luxury goods from benchmark brands.
Why the Cabo Luxury Real Estate Market is a Great Investment
(Photo Credit: Cabo Adventures)
Stunning views, magical wildlife encounters, championship-level golf course…What other values could the Cabo luxury real estate market possibly offer? Well, we haven’t mentioned financial values yet, so let’s start with the fact that list prices for ocean view homes in Los Cabos are significantly less than those of similar vantage in the U.S. Prospective buyers may also be interested to know that property taxes are significantly less than those in the U.S. or Canada, and the cost of living is lower, too. So life is not just sunnier in Los Cabos, it’s also more affordable.
Did we mention the region’s remarkable real estate track record in terms of return on investment? Well, we’d be happy to tell you all about it. Call us from the U.S. or Canada at 011 52 (624) 228-3509 for more details about Cabo luxury real estate or contact us today.